Last year was a stormy one for Vietnam’s businesses, but billionaires still were able to pocket billions of dollars.

VOV.VN - During the opening two months of the year, iron and steel exports have enjoyed a stellar growth rate of 71.9% compared to the same period from last year, with major domestic firms such as Hoa Phat and Hoa Sen exporting large shipments.

VOV.VN - As Vietnam’s leading industrial manufacturing group, Hoa Phat Group imported approximately US$2 billion worth of machinery, equipment, and production materials last year, of which one third came from Australia alone.

VOV.VN - The administration of Quang Ngai province, central Vietnam, has outlined plans to put a total of 110 foreign experts into isolation in concentrated places in an effort to prevent the potential spread of the novel coronavirus (COVID-19) pandemic.

Steel maker Hoa Phat Group is recruiting experienced personnel for a cargo container manufacturing project expected to start production in the second quarter of next year, according to the company.

VOV.VN - Hoa Phat Group (HPG), Vietnam’s largest steelmaker, has unveiled that it will increase the export of galvanised steel products to Europe, with the first batch of 10,000 tonnes due to be shipped this November.

The Hoa Phat Dung Quat Steel Joint Stock Company shipped the first batch of S95 ground granulated blast furnace slag to Australia on September 10, where stern standards and stringent requirements are applied.

VOV.VN - Aside from enjoying preferential tariffs brought about by the European-Vietnam Free Trade Agreement (EVFTA), local steel firms have been advised to update their technologies and meet rules on product origin in order to make inroads into the EU.